IBN
ICICI Bank Limited Financial Services - Banking Investor Relations →
ICICI Bank Limited (IBN) closed at $26.08 as of 2026-03-20, trading 0.1% above its 200-week moving average of $26.04. The stock is currently moving closer to the line, down from 2.2% last week. The 14-week RSI sits at 31, indicating neutral momentum.
Trading volume is running at 1.4x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.93 ratio) is neutral — neither side is clearly dominating.
Over the past 1307 weeks of data, IBN has crossed below its 200-week moving average 16 times. On average, these episodes lasted 22 weeks. Historically, investors who bought IBN at the start of these episodes saw an average one-year return of +28.2%.
With a market cap of $95.1 billion, IBN is a large-cap stock. Return on equity stands at 16.8%, a solid level. The stock trades at 5.0x book value.
Share count has increased 2.5% over three years, indicating dilution.
Over the past 25.1 years, a hypothetical investment of $100 in IBN would have grown to $2710, compared to $876 for the S&P 500. That represents an annualized return of 14.1% vs 9.0% for the index — confirming IBN as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: IBN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After IBN Crosses Below the Line?
Across 16 historical episodes, buying IBN when it crossed below its 200-week moving average produced an average return of +29.1% after 12 months (median +18.0%), compared to +15.8% for the S&P 500 over the same periods. 75% of those episodes were profitable after one year. After 24 months, the average return was +41.5% vs +27.7% for the index.
Each line shows $100 invested at the moment IBN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
IBN has crossed below its 200-week MA 16 times with an average 1-year return of +28.2% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Mar 2001 | Jun 2002 | 65 | 67.1% | -17.7% | +2339.2% |
| Jun 2002 | Jun 2003 | 54 | 28.9% | +6.7% | +2780.6% |
| Jun 2008 | Sep 2009 | 63 | 69.1% | +7.6% | +486.8% |
| Oct 2009 | Nov 2009 | 1 | 7.4% | +69.7% | +435.7% |
| Feb 2010 | Feb 2010 | 1 | 2.9% | +30.4% | +402.3% |
| Aug 2011 | Aug 2011 | 2 | 2.1% | -2.2% | +347.4% |
| Sep 2011 | Jan 2012 | 18 | 27.5% | +17.0% | +372.2% |
| Apr 2012 | Jul 2012 | 15 | 19.0% | +26.9% | +392.0% |
| Aug 2012 | Sep 2012 | 2 | 5.6% | -18.7% | +393.0% |
| Jun 2013 | Mar 2014 | 37 | 32.5% | +28.9% | +315.3% |
| Nov 2015 | Jan 2017 | 65 | 36.9% | +0.9% | +273.7% |
| Mar 2017 | Mar 2017 | 1 | 2.0% | +25.3% | +267.8% |
| Apr 2017 | Apr 2017 | 1 | 0.9% | +13.7% | +263.4% |
| Jun 2018 | Jul 2018 | 4 | 3.7% | +56.8% | +236.7% |
| Mar 2020 | Aug 2020 | 22 | 24.9% | +101.6% | +236.3% |
| Sep 2020 | Sep 2020 | 1 | 3.5% | +104.1% | +180.9% |
| Average | 22 | — | +28.2% | — |
Frequently Asked Questions
Is IBN below its 200-week moving average?
No. ICICI Bank Limited (IBN) is currently 0.1% above its 200-week moving average of $26.04. It would need to fall to $26.04 to cross below the line.
What is IBN's 200-week moving average price?
ICICI Bank Limited's 200-week moving average is $26.04 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when IBN drops below its 200-week moving average?
IBN has crossed below its 200-week moving average 16 times in our data. On average, buying at that moment produced a one-year return of +28.2%. These dips have historically been decent entry points. These episodes lasted 22 weeks on average.
Is IBN a good value right now?
Here's what our data says about IBN as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 31. Return on equity is 16.8%. Price-to-book is 5.0x. This is not a buy or sell recommendation — always do your own research.
How does IBN compare to the S&P 500?
Over the past 25.1 years, $100 invested in IBN would have grown to $2710, compared to $876 for the S&P 500. That's 14.1% annualized vs 9.0% for the index. IBN has outperformed the broader market over this period.
Does IBN pay a dividend?
Yes. ICICI Bank Limited currently pays a dividend yield of 96.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20